PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute
https://nitter.nl/DowdEdward/status/1624258852379320320
Lael Brainard - Vice Chair of the Federal Reserve
(May-26-2022) Testimony by Vice Chair Brainard on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
https://www.federalreserve.gov/newsevents/testimony/files/brainard20220526a.pdf
3rd page of text (4 of the pdf)
"It is also important to consider the potential risks of a CBDC associated with disintermediating banks, given their critical role in credit provision, monetary policy transmission, and payments. In some circumstances, a widely available CBDC could serve as a substitute for commercial bank money, possibly reducing the aggregate amount of deposits in the banking system. And a CBDC would be attractive to risk-averse users during times of stress.
Accordingly, if the Federal Reserve were to move forward on CBDC, it would be important to develop design features that could mitigate such risks, such as offering a non-interest bearing CBDC or limiting the amount of CBDC a consumer could hold or transfer".
Christopher J. Waller - Board of Governors of the Federal Reserve
(Oct-14-2022) Speech by Governor Waller on the U.S. dollar and central bank digital currencies
https://www.federalreserve.gov/newsevents/speech/files/waller20221014a.pdf
Page 7-8
"Finally, as I’ve noted before, it is possible that a foreign-issued CBDC could have the opposite of its intended effect and make companies even less willing to use that country’s currency.
Since digital currencies would make it easier for a government to monitor transactions, shifting to a CBDC might make a company less willing to use that country’s currency. For example, I suspect that many companies will remain wary of China’s CBDC for just this reason."
Page 8 "Like a foreign CBDC, the technological advantages of a U.S. CBDC would have a hard time overcoming long-standing payments frictions without violating international financial integrity standards.
For the non-U.S. company already conducting its business in dollars, introducing a U.S. CBDC would not provide material benefits over and above the current reasons for making U.S. dollar-denominated payments. For non-U.S. companies conducting their business in currencies other than dollars, a U.S. CBDC similarly would likely not be preferred to their current options.
It could be that individuals outside the United States would find a U.S. CBDC particularly attractive, but, again, making a U.S. CBDC globally available would raise a number of issues, including money laundering and international financial stability concerns".
CONTINUED ON PART 3
PART 2 - SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL.txt 4 KB
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute
https://nitter.nl/DowdEdward/status/1624258852379320320
Lael Brainard - Vice Chair of the Federal Reserve
(May-26-2022) Testimony by Vice Chair Brainard on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
https://www.federalreserve.gov/newsevents/testimony/files/brainard20220526a.pdf
3rd page of text (4 of the pdf)
"It is also important to consider the potential risks of a CBDC associated with disintermediating banks, given their critical role in credit provision, monetary policy transmission, and payments. In some circumstances, a widely available CBDC could serve as a substitute for commercial bank money, possibly reducing the aggregate amount of deposits in the banking system. And a CBDC would be attractive to risk-averse users during times of stress.
Accordingly, if the Federal Reserve were to move forward on CBDC, it would be important to develop design features that could mitigate such risks, such as offering a non-interest bearing CBDC or limiting the amount of CBDC a consumer could hold or transfer".
Christopher J. Waller - Board of Governors of the Federal Reserve
(Oct-14-2022) Speech by Governor Waller on the U.S. dollar and central bank digital currencies
https://www.federalreserve.gov/newsevents/speech/files/waller20221014a.pdf
Page 7-8
"Finally, as I’ve noted before, it is possible that a foreign-issued CBDC could have the opposite of its intended effect and make companies even less willing to use that country’s currency.
Since digital currencies would make it easier for a government to monitor transactions, shifting to a CBDC might make a company less willing to use that country’s currency. For example, I suspect that many companies will remain wary of China’s CBDC for just this reason."
Page 8 "Like a foreign CBDC, the technological advantages of a U.S. CBDC would have a hard time overcoming long-standing payments frictions without violating international financial integrity standards.
For the non-U.S. company already conducting its business in dollars, introducing a U.S. CBDC would not provide material benefits over and above the current reasons for making U.S. dollar-denominated payments. For non-U.S. companies conducting their business in currencies other than dollars, a U.S. CBDC similarly would likely not be preferred to their current options.
It could be that individuals outside the United States would find a U.S. CBDC particularly attractive, but, again, making a U.S. CBDC globally available would raise a number of issues, including money laundering and international financial stability concerns".
CONTINUED ON PART 3
PART 2 - SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL.txt 4 KB
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute
https://nitter.nl/DowdEdward/status/1624258852379320320
Lael Brainard - Vice Chair of the Federal Reserve
(May-26-2022) Testimony by Vice Chair Brainard on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
https://www.federalreserve.gov/newsevents/testimony/files/brainard20220526a.pdf
3rd page of text (4 of the pdf)
"It is also important to consider the potential risks of a CBDC associated with disintermediating banks, given their critical role in credit provision, monetary policy transmission, and payments. In some circumstances, a widely available CBDC could serve as a substitute for commercial bank money, possibly reducing the aggregate amount of deposits in the banking system. And a CBDC would be attractive to risk-averse users during times of stress.
Accordingly, if the Federal Reserve were to move forward on CBDC, it would be important to develop design features that could mitigate such risks, such as offering a non-interest bearing CBDC or limiting the amount of CBDC a consumer could hold or transfer".
Christopher J. Waller - Board of Governors of the Federal Reserve
(Oct-14-2022) Speech by Governor Waller on the U.S. dollar and central bank digital currencies
https://www.federalreserve.gov/newsevents/speech/files/waller20221014a.pdf
Page 7-8
"Finally, as I’ve noted before, it is possible that a foreign-issued CBDC could have the opposite of its intended effect and make companies even less willing to use that country’s currency.
Since digital currencies would make it easier for a government to monitor transactions, shifting to a CBDC might make a company less willing to use that country’s currency. For example, I suspect that many companies will remain wary of China’s CBDC for just this reason."
Page 8 "Like a foreign CBDC, the technological advantages of a U.S. CBDC would have a hard time overcoming long-standing payments frictions without violating international financial integrity standards.
For the non-U.S. company already conducting its business in dollars, introducing a U.S. CBDC would not provide material benefits over and above the current reasons for making U.S. dollar-denominated payments. For non-U.S. companies conducting their business in currencies other than dollars, a U.S. CBDC similarly would likely not be preferred to their current options.
It could be that individuals outside the United States would find a U.S. CBDC particularly attractive, but, again, making a U.S. CBDC globally available would raise a number of issues, including money laundering and international financial stability concerns".
CONTINUED ON PART 3
PART 2 - SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL.txt 3.9 KB
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute
https://nitter.nl/DowdEdward/status/1624258852379320320
Lael Brainard - Vice Chair of the Federal Reserve
(May-26-2022) Testimony by Vice Chair Brainard on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
https://www.federalreserve.gov/newsevents/testimony/files/brainard20220526a.pdf
3rd page of text (4 of the pdf)
"It is also important to consider the potential risks of a CBDC associated with disintermediating banks, given their critical role in credit provision, monetary policy transmission, and payments. In some circumstances, a widely available CBDC could serve as a substitute for commercial bank money, possibly reducing the aggregate amount of deposits in the banking system. And a CBDC would be attractive to risk-averse users during times of stress.
Accordingly, if the Federal Reserve were to move forward on CBDC, it would be important to develop design features that could mitigate such risks, such as offering a non-interest bearing CBDC or limiting the amount of CBDC a consumer could hold or transfer".
Christopher J. Waller - Board of Governors of the Federal Reserve
(Oct-14-2022) Speech by Governor Waller on the U.S. dollar and central bank digital currencies
https://www.federalreserve.gov/newsevents/speech/files/waller20221014a.pdf
Page 7-8
"Finally, as I’ve noted before, it is possible that a foreign-issued CBDC could have the opposite of its intended effect and make companies even less willing to use that country’s currency.
Since digital currencies would make it easier for a government to monitor transactions, shifting to a CBDC might make a company less willing to use that country’s currency. For example, I suspect that many companies will remain wary of China’s CBDC for just this reason."
Page 8 "Like a foreign CBDC, the technological advantages of a U.S. CBDC would have a hard time overcoming long-standing payments frictions without violating international financial integrity standards.
For the non-U.S. company already conducting its business in dollars, introducing a U.S. CBDC would not provide material benefits over and above the current reasons for making U.S. dollar-denominated payments. For non-U.S. companies conducting their business in currencies other than dollars, a U.S. CBDC similarly would likely not be preferred to their current options.
It could be that individuals outside the United States would find a U.S. CBDC particularly attractive, but, again, making a U.S. CBDC globally available would raise a number of issues, including money laundering and international financial stability concerns".
CONTINUED ON PART 3
THIS MAY NEED TO BE PART 2 & 3
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute
https://nitter.nl/DowdEdward/status/1624258852379320320
Lael Brainard - Vice Chair of the Federal Reserve
(May-26-2022) Testimony by Vice Chair Brainard on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
https://www.federalreserve.gov/newsevents/testimony/files/brainard20220526a.pdf
3rd page of text (4 of the pdf)
"It is also important to consider the potential risks of a CBDC associated with disintermediating banks, given their critical role in credit provision, monetary policy transmission, and payments. In some circumstances, a widely available CBDC could serve as a substitute for commercial bank money, possibly reducing the aggregate amount of deposits in the banking system. And a CBDC would be attractive to risk-averse users during times of stress.
Accordingly, if the Federal Reserve were to move forward on CBDC, it would be important to develop design features that could mitigate such risks, such as offering a non-interest bearing CBDC or limiting the amount of CBDC a consumer could hold or transfer".
Christopher J. Waller - Board of Governors of the Federal Reserve
(Oct-14-2022) Speech by Governor Waller on the U.S. dollar and central bank digital currencies
https://www.federalreserve.gov/newsevents/speech/files/waller20221014a.pdf
Page 7-8
"Finally, as I’ve noted before, it is possible that a foreign-issued CBDC could have the opposite of its intended effect and make companies even less willing to use that country’s currency.
Since digital currencies would make it easier for a government to monitor transactions, shifting to a CBDC might make a company less willing to use that country’s currency. For example, I suspect that many companies will remain wary of China’s CBDC for just this reason."
Page 8 "Like a foreign CBDC, the technological advantages of a U.S. CBDC would have a hard time overcoming long-standing payments frictions without violating international financial integrity standards.
For the non-U.S. company already conducting its business in dollars, introducing a U.S. CBDC would not provide material benefits over and above the current reasons for making U.S. dollar-denominated payments. For non-U.S. companies conducting their business in currencies other than dollars, a U.S. CBDC similarly would likely not be preferred to their current options.
It could be that individuals outside the United States would find a U.S. CBDC particularly attractive, but, again, making a U.S. CBDC globally available would raise a number of issues, including money laundering and international financial stability concerns".
THIS MAY NEED TO BE PART 2 & 3
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute
https://nitter.nl/DowdEdward/status/1624258852379320320
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
(Mar-18-2023) Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people
https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
(Mar-18-2023) Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
TRANSCRIPT
11:43 Digital Euro CBDC will be decided October 2023
12:58 Fake Z: "I know there are many protests in Europe against the electronic Euro, what is the reason?"
CL: "You know it's the beauty of Europe, it has different positions. If you ask in Northern Europe for instance, in the Netherlands, they're quite happy to see the E-Euro coming. If you ask a young German man they say 'yeah that's fine'. I don't want Meta, Google, or Amazon to suddenly come up with a currency to take over the sovereignty of Europe. I don't want a foreign currency to become the trading currency of Europe. So we have to be ready.
Fake Z: "The problem is they don't want to be controlled.
CL: "Yeah but you know what, now we have in Europe this threshold above 1000 Euros you can't pay in cash. If you do you're on the grey market, you take a risk. If you get caught, you are fined or you go in jail but the digital Euro will have unlimited amount of control. There will be control you are right. You are completely right. We are considering for very small amounts, anything around 300-400 Euros we could have a mechanism where we have zero control, but that could be dangerous. The terrorist attacks on France back 10 years ago were entirely financed by those small anonymous credit cards that you can recharge in total anonymity."
Fake Z: "You know the question is now I think it is a joke that the next currency will be firewoods for Europe... to heat the..."
CL: Yeah yeah yeah
....
Lael Brainard - Vice Chair of the Federal Reserve
(May-26-2022) Testimony by Vice Chair Brainard on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
https://www.federalreserve.gov/newsevents/testimony/files/brainard20220526a.pdf
3rd page of text (4 of the pdf)
"It is also important to consider the potential risks of a CBDC associated with disintermediating banks, given their critical role in credit provision, monetary policy transmission, and payments. In some circumstances, a widely available CBDC could serve as a substitute for commercial bank money, possibly reducing the aggregate amount of deposits in the banking system. And a CBDC would be attractive to risk-averse users during times of stress.
Accordingly, if the Federal Reserve were to move forward on CBDC, it would be important to develop design features that could mitigate such risks, such as offering a non-interest bearing CBDC or limiting the amount of CBDC a consumer could hold or transfer".
Christopher J. Waller - Board of Governors of the Federal Reserve
(Oct-14-2022) Speech by Governor Waller on the U.S. dollar and central bank digital currencies
https://www.federalreserve.gov/newsevents/speech/files/waller20221014a.pdf
Page 7-8
"Finally, as I’ve noted before, it is possible that a foreign-issued CBDC could have the opposite of its intended effect and make companies even less willing to use that country’s currency.
Since digital currencies would make it easier for a government to monitor transactions, shifting to a CBDC might make a company less willing to use that country’s currency. For example, I suspect that many companies will remain wary of China’s CBDC for just this reason."
Page 8 "Like a foreign CBDC, the technological advantages of a U.S. CBDC would have a hard time overcoming long-standing payments frictions without violating international financial integrity standards.
For the non-U.S. company already conducting its business in dollars, introducing a U.S. CBDC would not provide material benefits over and above the current reasons for making U.S. dollar-denominated payments. For non-U.S. companies conducting their business in currencies other than dollars, a U.S. CBDC similarly would likely not be preferred to their current options.
It could be that individuals outside the United States would find a U.S. CBDC particularly attractive, but, again, making a U.S. CBDC globally available would raise a number of issues, including money laundering and international financial stability concerns".
THIS MAY NEED TO BE PART 2 & 3
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
(Mar-18-2023) Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people
https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
(Mar-18-2023) Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
TRANSCRIPT
11:43 Digital Euro CBDC will be decided October 2023
12:58 Fake Z: "I know there are many protests in Europe against the electronic Euro, what is the reason?"
CL: "You know it's the beauty of Europe, it has different positions. If you ask in Northern Europe for instance, in the Netherlands, they're quite happy to see the E-Euro coming. If you ask a young German man they say 'yeah that's fine'. I don't want Meta, Google, or Amazon to suddenly come up with a currency to take over the sovereignty of Europe. I don't want a foreign currency to become the trading currency of Europe. So we have to be ready.
Fake Z: "The problem is they don't want to be controlled.
CL: "Yeah but you know what, now we have in Europe this threshold above 1000 Euros you can't pay in cash. If you do you're on the grey market, you take a risk. If you get caught, you are fined or you go in jail but the digital Euro will have unlimited amount of control. There will be control you are right. You are completely right. We are considering for very small amounts, anything around 300-400 Euros we could have a mechanism where we have zero control, but that could be dangerous. The terrorist attacks on France back 10 years ago were entirely financed by those small anonymous credit cards that you can recharge in total anonymity."
Fake Z: "You know the question is now I think it is a joke that the next currency will be firewoods for Europe... to heat the..."
CL: Yeah yeah yeah
....
Lael Brainard - Vice Chair of the Federal Reserve
(May-26-2022) Testimony by Vice Chair Brainard on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
https://www.federalreserve.gov/newsevents/testimony/files/brainard20220526a.pdf
3rd page of text (4 of the pdf)
"It is also important to consider the potential risks of a CBDC associated with disintermediating banks, given their critical role in credit provision, monetary policy transmission, and payments. In some circumstances, a widely available CBDC could serve as a substitute for commercial bank money, possibly reducing the aggregate amount of deposits in the banking system. And a CBDC would be attractive to risk-averse users during times of stress.
Accordingly, if the Federal Reserve were to move forward on CBDC, it would be important to develop design features that could mitigate such risks, such as offering a non-interest bearing CBDC or limiting the amount of CBDC a consumer could hold or transfer".
Christopher J. Waller - Board of Governors of the Federal Reserve
(Oct-14-2022) Speech by Governor Waller on the U.S. dollar and central bank digital currencies
https://www.federalreserve.gov/newsevents/speech/files/waller20221014a.pdf
Page 7-8
"Finally, as I’ve noted before, it is possible that a foreign-issued CBDC could have the opposite of its intended effect and make companies even less willing to use that country’s currency.
Since digital currencies would make it easier for a government to monitor transactions, shifting to a CBDC might make a company less willing to use that country’s currency. For example, I suspect that many companies will remain wary of China’s CBDC for just this reason."
Page 8 "Like a foreign CBDC, the technological advantages of a U.S. CBDC would have a hard time overcoming long-standing payments frictions without violating international financial integrity standards.
For the non-U.S. company already conducting its business in dollars, introducing a U.S. CBDC would not provide material benefits over and above the current reasons for making U.S. dollar-denominated payments. For non-U.S. companies conducting their business in currencies other than dollars, a U.S. CBDC similarly would likely not be preferred to their current options.
It could be that individuals outside the United States would find a U.S. CBDC particularly attractive, but, again, making a U.S. CBDC globally available would raise a number of issues, including money laundering and international financial stability concerns".
THIS MAY NEED TO BE PART 2 & 3
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
(Mar-18-2023) Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people
https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
(Mar-18-2023) Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
TRANSCRIPT
11:43 Digital Euro CBDC will be decided October 2023
12:58 Fake Z: "I know there are many protests in Europe against the electronic Euro, what is the reason?"
CL: "You know it's the beauty of Europe, it has different positions. If you ask in Northern Europe for instance, in the Netherlands, they're quite happy to see the E-Euro coming. If you ask a young German man they say 'yeah that's fine'. I don't want Meta, Google, or Amazon to suddenly come up with a currency to take over the sovereignty of Europe. I don't want a foreign currency to become the trading currency of Europe. So we have to be ready.
Fake Z: "The problem is they don't want to be controlled.
CL: "Yeah but you know what, now we have in Europe this threshold above 1000 Euros you can't pay in cash. If you do you're on the grey market, you take a risk. If you get caught, you are fined or you go in jail but the digital Euro will have unlimited amount of control. There will be control you are right. You are completely right. We are considering for very small amounts, anything around 300-400 Euros we could have a mechanism where we have zero control, but that could be dangerous. The terrorist attacks on France back 10 years ago were entirely financed by those small anonymous credit cards that you can recharge in total anonymity."
Fake Z: "You know the question is now I think it is a joke that the next currency will be firewoods for Europe... to heat the..."
CL: Yeah yeah yeah
....
Lael Brainard - Vice Chair of the Federal Reserve
(May-26-2022) Testimony by Vice Chair Brainard on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
https://www.federalreserve.gov/newsevents/testimony/files/brainard20220526a.pdf
3rd page of text (4 of the pdf)
"It is also important to consider the potential risks of a CBDC associated with disintermediating banks, given their critical role in credit provision, monetary policy transmission, and payments. In some circumstances, a widely available CBDC could serve as a substitute for commercial bank money, possibly reducing the aggregate amount of deposits in the banking system. And a CBDC would be attractive to risk-averse users during times of stress.
Accordingly, if the Federal Reserve were to move forward on CBDC, it would be important to develop design features that could mitigate such risks, such as offering a non-interest bearing CBDC or limiting the amount of CBDC a consumer could hold or transfer".
THIS MAY NEED TO BE PART 2 & 3
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
(Mar-18-2023) Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people
https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
(Mar-18-2023) Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
TRANSCRIPT
11:43 Digital Euro CBDC will be decided October 2023
12:58 Fake Z: "I know there are many protests in Europe against the electronic Euro, what is the reason?"
CL: "You know it's the beauty of Europe, it has different positions. If you ask in Northern Europe for instance, in the Netherlands, they're quite happy to see the E-Euro coming. If you ask a young German man they say 'yeah that's fine'. I don't want Meta, Google, or Amazon to suddenly come up with a currency to take over the sovereignty of Europe. I don't want a foreign currency to become the trading currency of Europe. So we have to be ready.
Fake Z: "The problem is they don't want to be controlled.
CL: "Yeah but you know what, now we have in Europe this threshold above 1000 Euros you can't pay in cash. If you do you're on the grey market, you take a risk. If you get caught, you are fined or you go in jail but the digital Euro will have unlimited amount of control. There will be control you are right. You are completely right. We are considering for very small amounts, anything around 300-400 Euros we could have a mechanism where we have zero control, but that could be dangerous. The terrorist attacks on France back 10 years ago were entirely financed by those small anonymous credit cards that you can recharge in total anonymity."
Fake Z: "You know the question is now I think it is a joke that the next currency will be firewoods for Europe... to heat the..."
CL: Yeah yeah yeah
Fake Z: "So it's like a joke from a Russian site"
Lael Brainard - Vice Chair of the Federal Reserve
(May-26-2022) Testimony by Vice Chair Brainard on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
https://www.federalreserve.gov/newsevents/testimony/files/brainard20220526a.pdf
3rd page of text (4 of the pdf)
"It is also important to consider the potential risks of a CBDC associated with disintermediating banks, given their critical role in credit provision, monetary policy transmission, and payments. In some circumstances, a widely available CBDC could serve as a substitute for commercial bank money, possibly reducing the aggregate amount of deposits in the banking system. And a CBDC would be attractive to risk-averse users during times of stress.
Accordingly, if the Federal Reserve were to move forward on CBDC, it would be important to develop design features that could mitigate such risks, such as offering a non-interest bearing CBDC or limiting the amount of CBDC a consumer could hold or transfer".
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
(Mar-18-2023) Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people
https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
(Mar-18-2023) Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
TRANSCRIPT
11:43 Digital Euro CBDC will be decided October 2023
12:58 Fake Z: "I know there are many protests in Europe against the electronic Euro, what is the reason?"
CL: "You know it's the beauty of Europe, it has different positions. If you ask in Northern Europe for instance, in the Netherlands, they're quite happy to see the E-Euro coming. If you ask a young German man they say 'yeah that's fine'. I don't want Meta, Google, or Amazon to suddenly come up with a currency to take over the sovereignty of Europe. I don't want a foreign currency to become the trading currency of Europe. So we have to be ready.
Fake Z: "The problem is they don't want to be controlled.
CL: "Yeah but you know what, now we have in Europe this threshold above 1000 Euros you can't pay in cash. If you do you're on the grey market, you take a risk. If you get caught, you are fined or you go in jail but the digital Euro will have unlimited amount of control. There will be control you are right. You are completely right. We are considering for very small amounts, anything around 300-400 Euros we could have a mechanism where we have zero control, but that could be dangerous. The terrorist attacks on France back 10 years ago were entirely financed by those small anonymous credit cards that you can recharge in total anonymity."
Fake Z: "You know the question is now I think it is a joke that the next currency will be firewoods for Europe... to heat the..."
CL: Yeah yeah yeah
Fake Z: "So it's like a joke from a Russian site"
Lael Brainard - Vice Chair of the Federal Reserve
(May-26-2022) Testimony by Vice Chair Brainard on Digital Assets and the Future of Finance: Examining the Benefits and Risks of a U.S. Central Bank Digital Currency
https://www.federalreserve.gov/newsevents/testimony/files/brainard20220526a.pdf
3rd page of text (4 of the pdf)
"It is also important to consider the potential risks of a CBDC associated with disintermediating banks, given their critical role in credit provision, monetary policy transmission, and payments. In some circumstances, a widely available CBDC could serve as a substitute for commercial bank money, possibly reducing the aggregate amount of deposits in the banking system. And a CBDC would be attractive to risk-averse users during times of stress.
Accordingly, if the Federal Reserve were to move forward on CBDC, it would be important to develop design features that could mitigate such risks, such as offering a non-interest bearing CBDC or limiting the amount of CBDC a consumer could hold or transfer".
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
(Mar-18-2023) Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people
https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
(Mar-18-2023) Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
TRANSCRIPT
11:43 Digital Euro CBDC will be decided October 2023
12:58 Fake Z: "I know there are many protests in Europe against the electronic Euro, what is the reason?"
CL: "You know it's the beauty of Europe, it has different positions. If you ask in Northern Europe for instance, in the Netherlands, they're quite happy to see the E-Euro coming. If you ask a young German man they say 'yeah that's fine'. I don't want Meta, Google, or Amazon to suddenly come up with a currency to take over the sovereignty of Europe. I don't want a foreign currency to become the trading currency of Europe. So we have to be ready.
Fake Z: "The problem is they don't want to be controlled.
CL: "Yeah but you know what, now we have in Europe this threshold above 1000 Euros you can't pay in cash. If you do you're on the grey market, you take a risk. If you get caught, you are fined or you go in jail but the digital Euro will have unlimited amount of control. There will be control you are right. You are completely right. We are considering for very small amounts, anything around 300-400 Euros we could have a mechanism where we have zero control, but that could be dangerous. The terrorist attacks on France back 10 years ago were entirely financed by those small anonymous credit cards that you can recharge in total anonymity."
Fake Z: "You know the question is now I think it is a joke that the next currency will be firewoods for Europe... to heat the..."
CL: Yeah yeah yeah
Fake Z: "So it's like a joke from a Russian site"
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
(Mar-18-2023) Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people
https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
(Mar-18-2023) Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
TRANSCRIPT
11:43 Digital Euro CBDC will be decided October 2023
Fake Z: "I know there are many protests in Europe against the electronic Euro, what is the reason?"
CL: "You know it's the beauty of Europe, it has different positions. If you ask in Northern Europe for instance, in the Netherlands, they're quite happy to see the E-Euro coming. If you ask a young German man they say 'yeah that's fine'. I don't want Meta, Google, or Amazon to suddenly come up with a currency to take over the sovereignty of Europe. I don't want a foreign currency to become the trading currency of Europe. So we have to be ready.
Fake Z: "The problem is they don't want to be controlled.
CL: "Yeah but you know what, now we have in Europe this threshold above 1000 Euros you can't pay in cash. If you do you're on the grey market, you take a risk. If you get caught, you are fined or you go in jail but the digital Euro will have unlimited amount of control. There will be control you are right. You are completely right. We are considering for very small amounts, anything around 300-400 Euros we could have a mechanism where we have zero control, but that could be dangerous. The terrorist attacks on France back 10 years ago were entirely financed by those small anonymous credit cards that you can recharge in total anonymity."
Fake Z: "You know the question is now I think it is a joke that the next currency will be firewoods for Europe... to heat the..."
CL: Yeah yeah yeah
Fake Z: "So it's like a joke from a Russian site"
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
(Mar-18-2023) Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people
https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
(Mar-18-2023) Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
TRANSCRIPT
11:43 Digital Euro CBDC will start October 2023
Fake Z: "I know there are many protests in Europe against the electronic Euro, what is the reason?"
CL: "You know it's the beauty of Europe, it has different positions. If you ask in Northern Europe for instance, in the Netherlands, they're quite happy to see the E-Euro coming. If you ask a young German man they say 'yeah that's fine'. I don't want Meta, Google, or Amazon to suddenly come up with a currency to take over the sovereignty of Europe. I don't want a foreign currency to become the trading currency of Europe. So we have to be ready.
Fake Z: "The problem is they don't want to be controlled.
CL: "Yeah but you know what, now we have in Europe this threshold above 1000 Euros you can't pay in cash. If you do you're on the grey market, you take a risk. If you get caught, you are fined or you go in jail but the digital Euro will have unlimited amount of control. There will be control you are right. You are completely right. We are considering for very small amounts, anything around 300-400 Euros we could have a mechanism where we have zero control, but that could be dangerous. The terrorist attacks on France back 10 years ago were entirely financed by those small anonymous credit cards that you can recharge in total anonymity."
Fake Z: "You know the question is now I think it is a joke that the next currency will be firewoods for Europe... to heat the..."
CL: Yeah yeah yeah
Fake Z: "So it's like a joke from a Russian site"
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
(Mar-18-2023) Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people
https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
0:14 Fake Z: "I know there are many protests in Europe against the electronic Euro, what is the reason?"
CL: "You know it's the beauty of Europe, it has different positions. If you ask in Northern Europe for instance, in the Netherlands, they're quite happy to see the E-Euro coming. If you ask a young German man they say 'yeah that's fine'. I don't want Meta, Google, or Amazon to suddenly come up with a currency to take over the sovereignty of Europe. I don't want a foreign currency to become the trading currency of Europe. So we have to be ready.
Fake Z: "The problem is they don't want to be controlled.
CL: "Yeah but you know what, now we have in Europe this threshold above 1000 Euros you can't pay in cash. If you do you're on the grey market, you take a risk. If you get caught, you are fined or you go in jail but the digital Euro will have unlimited amount of control. There will be control you are right. You are completely right. We are considering for very small amounts, anything around 300-400 Euros we could have a mechanism where we have zero control, but that could be dangerous. The terrorist attacks on France back 10 years ago were entirely financed by those small anonymous credit cards that you can recharge in total anonymity."
Fake Z: "You know the question is now I think it is a joke that the next currency will be firewoods for Europe... to heat the..."
CL: Yeah yeah yeah
Fake Z: "So it's like a joke from a Russian site"
Long Version
(Mar-18-2023) Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
(Mar-18-2023) Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people
https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
(Mar-18-2023) Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
Short Version
Backup Link - Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
https://files.catbox.moe/7b3hbn.mp4
Long Version
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ
https://nitter.nl/DowdEdward/status/1624258852379320320
Christine Lagarde - President of the European Central Bank
https://en.wikipedia.org/wiki/Christine_Lagarde https://archive.vn/CH6f1
Pretending to be Zelensky, someone prank called Christine Lagarde head of ECB....and got her to reveal all the details about CBDC Digital Euro and how governments want to control people https://nitter.nl/ChrisBlec/status/1640428173992050693
2 min version
https://files.catbox.moe/95hpzu.mp4
Long Version
Breaking ⚡️ ⚡️: leaked prank call between ECB President Christine Lagarde and fake Zelensky
https://www.youtube.com/watch?v=wUT2u6DtdSo
https://files.catbox.moe/ad12eb.mp4
(Oct-18-2022) IMF Official Bo Li Admits: Central Bank Digital Currencies Would Let Governments Control What People Spend Money On
https://www.youtube.com/watch?v=2I9HR7BTmn0
Speaking at the IMF-World Bank annual meeting on Oct. 15, Deputy Managing Director Bo Li said that a CBDC could improve “financial inclusion” through programmability.
Questions start for Bo Li 17:42
Bo Li starts speaking at 18:15
19:50 “A CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions,” Li explained.
20:18 “For example, welfare payments, for example, consumption coupons, for example, food stamps.”
😬--> 20:27 “By programming CBDC, that money can be precisely targeted for what kind of people can own [CBDC] and for what kind of use this money can be utilized, for example for food.”
Backup Link - Oct-13-2022 - Bo Li Clip - Central Bank Digital Currencies for Financial Inclusi.mp4
PART 2: SEVERAL GOVERNMENT OFFICIALS HAVE SAID IN SPEECHES AND ON VIDEO THAT A CBDC IS MEANS OF CONTROL
(Jun-21-2022) BIS General Manager Agustín Carstens calls on people to trust central banks, CBDCs
https://cryptoslate.com/bis-general-manager-calls-on-people-to-trust-central-banks-and-cbdcs/
(Oct-19-2020) Here’s Agustín Carstens, the general manager of the Bank for International Settlements (the “central bankers’ Central Bank), at a 2020 IMF event, Cross-Border Payments—A Vision for the Future.
https://files.catbox.moe/twyqj4.mp4
"The key difference with the CBDC is that the Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of central bank liability and also we will have the technology to enforce that. Those 2 issues are extremely important and makes a huge difference to what cash is."
https://rudy.substack.com/p/the-central-bank-will-have-absolute https://archive.vn/7r9BQ